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Is there really someone who doesn't know why BTC suddenly pumped in the early morning? Last night, 🦅 extended the one-year exemption on 178 tariffs to our country, which improved market sentiment and caused a brief rise, but due to the upcoming Thanksgiving, the Trading Volume did not change much.
In the long run, the extension of tariff exemptions means an upgrade in the stability of the Sino-American supply chain, alleviating cost pressure on enterprises and directly raising global market risk appetite—while BTC, as a highly elastic risk asset, has always closely followed the warming rhythm of the macro environment. More importantly, behind the trade easing is the consensus on maintaining global economic stability, coupled with the support of the fermenting expectations of interest rate cuts by the Federal Reserve and the continuous inflow of institutional ETF funds, making the macro-positive logic for BTC increasingly clear.
The reasons causing panic have basically been resolved, which also indicates that the BTC market will definitely recover in the long term. In the short term, it is expected that there will be another wave of rise after the Thanksgiving holiday ends and trading resumes.
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